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- (-) December 2021
- (-) Philippines
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Post increases the MY 21/22 estimate for milled rice production to 12.5 million MT on positive first-quarter production data while holding imports unchanged.
FAS Manila raises 2022 pork production by 25,000 MT to 1.025 million MT, as some commercial hog raisers report herd rebuilding efforts. Significant repopulation remains constrained, however, by continued African Swine Fever (ASF) cases and the lack of a vaccine.
Post sees Philippine biofuels consumption partially recovering in 2021 due to the loosening of quarantine restrictions, as ethanol demand grows 9 percent to 570 million liters and biodiesel increases 9 percent to 175 million liters.
The Philippines is the ninth largest market for U.S. agricultural exports and the largest destination for U.S. consumer-oriented products in Southeast Asia. The United States is the largest single-country supplier of agricultural products, although ASEAN countries benefit from lower tariffs and have more market share as a group.